$1,150,000 Last Listed Price
●
House -
Off Market
1903 De Milo Drive
Houston, TX 77018
5 Beds
3 Baths,
1
Half Bath
4,159 Ft²
$1,146,862
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Fabulous new construction modern farmhouse in beloved Oak Forest.
One of the first new builds in coveted Section 12 of Oak Forest,
this home shines with high ceilings, shiplap accents, cedar beams,
rustic cedar shelving and gorgeous light fixtures which set a warm,
peaceful tone. 4 sets of double French doors and large windows on
the 1st floor allow beautiful light to flow throughout. Primary
retreat with luxurious soaking tub, separate shower & custom closet
is a dream! Two enormous living areas w/dry bars plus a study.
Thoughtfully designed for gathering and entertaining with endless
quartz countertops, hand-crafted cabinetry, walk in pantry,
farmhouse sink, oversized island and stainless Thor appliances
including a 48" duel fuel range w/double ovens, the beautiful
kitchen provides amazing storage capacity. Oak Forest is a well
established community with S.E.A.L. Security Patrol, amazing
neighbors, numerous restaurants & hot spots, shops and more. Never
flooded; NOT in flood plain
Unit Size
4,159 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$277
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #64030946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Coldwell Banker Realty | $1,150,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Fabulous new construction modern farmhouse in beloved Oak Forest. One of the first new builds in coveted Section 12 of Oak Forest, this home shines with high ceilings, shiplap accents, cedar beams, rustic cedar shelving and gorgeous light fixtures which set a warm, peaceful tone. 4 sets of double French doors and large windows on the 1st floor allow beautiful light to flow throughout. Primary retreat with luxurious soaking tub, separate shower & custom closet is a dream! Two enormous living areas w/dry bars plus a study. Thoughtfully designed for gathering and entertaining with endless quartz countertops, hand-crafted cabinetry, walk in pantry, farmhouse sink, oversized island and stainless Thor appliances including a 48" duel fuel range w/double ovens, the beautiful kitchen provides amazing storage capacity. Oak Forest is a well established community with S.E.A.L. Security Patrol, amazing neighbors, numerous restaurants & hot spots, shops and more. Never flooded; NOT in flood plain
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About North Houston
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Listed by: Elizabeth Villarreal, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 64030946
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Last Updated: 4 months ago
Data Source: HAR , MLS# 64030946
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